3.1. all cryptocurrencies market cap
3.2. all cryptocurrencies wallets and how to pay, where to pay
3.3. cryptocurrency – future is today
The market is growing. One needs but look at the charts to understand that more people are investing in the cryptocurrencies market and the amount of artificially created currencies is rising as the number of miners increases exponentially with easier access to mining technology. Some are spending their last dimes on the affair. However, there are boundless issues with cryptos at the moment and there is no sign that the debate on their very existence is about to let up anytime soon.
At the time of this writing, the cryptomarket capitalization rate has reached a staggering $599,286,176,307. This figure may be a drop in the ocean compared to the total amount of funds in global circulation, but it is growing. Bitcoin and Ethereum are stable in their dominant positions. However, many like Ripple are catching up fast. There are fears that the growing price of BTC is becoming a restricting factor for many new entrants and is acting as a market barrier rather than as a stimulating factor.
To conduct all operations on this market, a cryptocurrency wallet is needed. Such a wallet is a software program that stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance. There are literally dozens of wallets on the market, such as Mycelium, Exodus, Copay, Jaxx and others. All of these wallets can be divided into mobile, hardware and desktop versions. The differences are in their application, convenience and security measures. Hardware wallets are the most secure as they have no direct connection to the web and are not subject to hacking. The most prone to hacking attacks are desktop versions, which have shown negative feedback from users in recent times.
Some would say that the advent of cryptocurrencies has heralded a new era and the future has arrived. Such statements have some foundation, but breed more speculation rather than reasons for joy. It is true that the crypto market has brought massive advantages, such as blockchain technologies that allow the development of convenient applications for business. Also, the rise of cryptos has created a competitive environment that can successfully challenge banks for efficiency and security. However, there are doubts as the price grows and more start questioning the validity of such price hikes for BTCs and other coins. Voices from various authoritative positions cry out that the entire BTC story is a hoax and a scam. Others claim that it will burst soon, like a financial bubble. Whatever the reality, time will tell. For the moment, we just have to watch the charts and try to make some profit from the whole charade.
Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.